State Regulators Discuss Ways to Combat Increasing Loan Fraud
June 8, 2009
Law enforcement agencies are prosecuting more and more mortgage fraud cases, but as long as it remains profitable, mortgage fraud will never slow down, according to state regulators. As mortgage origination volume picks up, expect fraud to increase as well, state regulators and fraud experts said during an audio conference last week hosted by Inside Mortgage Finance Publications...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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